Splitting dividends from your business between you and another member of your household can lower the amount of taxes you pay. But how do you make sure you do it legally, and in a way that leaves you in control of your business?
For a plan to be successful, the right players need to be involved. With succession planning, this includes a variety of stakeholders from inside and outside the business. Each will […]
The first few years of business are an exciting time. If you’re like most new business owners, you’ll have been busy organizing, building, and growing your new venture. But keeping […]
For many businesses, the end of the calendar year coincides with their financial year-end. If this is the case for you, it’s time to start preparing your accounting records for […]
As a small business owner, you’re probably used to juggling tons of things at once. Creating a tax plan is a great way to prepare for the busy tax season. […]
Feeling anxious about the possibility of a small business tax audit or confused about how they work? You’re not alone. Just the thought of a tax audit can make even […]
Paying your taxes online is a convenient and efficient way to fulfill your tax obligations to the Canada Revenue Agency (CRA). In this article, we’ll guide you through paying your […]
Just because you want to own a business doesn’t mean you have to start from scratch. More and more entrepreneurs are skipping the start-up phase and buying existing businesses. When you […]
British Columbia is home to over 500,000 small businesses, making up a remarkable 98 percent of all enterprises in our province. They employ over one million people, accounting for 54 […]
Unless you are an accountant or fan of working with numbers, bookkeeping is probably not your favourite task. But adopting some good habits early can help you avoid costly errors when it comes to record keeping.